Brazil Inflation Hits 4.47% Ahead of Tight Presidential Race
Updated
Updated · Bloomberg · Sep 26
Brazil Inflation Hits 4.47% Ahead of Tight Presidential Race
3 articles · Updated · Bloomberg · Sep 26
Summary
Brazil’s consumer prices rose 4.47% in early September from a year earlier, accelerating more than expected and intensifying cost-of-living pressure before the presidential election.
A 0.7% monthly increase also topped every estimate in a Bloomberg survey, where the median forecast had pointed to 4.32% annual inflation.
The upside surprise puts inflation back at the center of the campaign, with households facing higher prices as the race remains tight.